Goodyear Holds Grand Opening of New Global Headquarters

AKRON, OH--May
9, 2013: Cutting a ribbon featuring the pattern of a tire tread,
The Goodyear Tire & Rubber Company held the "Grand Opening" of its new
Global Headquarters here today.

Goodyear Chairman and Chief Executive Officer Richard J. Kramer, Ohio Lt. Gov. Mary Taylor and Akron Mayor Don
Plusquellic made brief remarks before leading a ribbon-cutting
ceremony to mark the official opening of the tire company's new
offices.

One of the Goodyear associates participating in the ribbon-cutting
ceremony was Paul Sandstrom, who joined the
company in 1967.† He was selected to represent Goodyear's 69,000
associates at the event due to his embodiment of the company's heritage and
innovative spirit.† A polymer chemist, Sandstrom holds nearly 1,400
patents.

Kramer said the company's new Global Headquarters represents many
positive attributes of both Goodyear and its hometown.

"It represents our commitment to Akron
and northeast Ohio‚€¶not just to the Akron of old, but to a revitalized, and
progressive Akron that continues to evolve
and prosper in groundbreaking ways.† It represents genuine
collaboration.† Our new home was made possible by a true partnership
between the public and private sectors and serves as a model for other
cities to follow," he said.

"With its advanced technology and collaborative work environment, the
new headquarters is providing our associates with great opportunities to
come together as one team.† There's genuine excitement about our new home,
and more importantly, greater excitement about our future," Kramer
said.

The ribbon cutting ceremony took place on the plaza outside of the
entrance to the Global Headquarters, approximately 100 feet from where the
company held its groundbreaking on April 18,
2011.

The 639,000 square foot Global Headquarters building is home to nearly
2,000 corporate and North American Tire associates.† The new building is
connected to Goodyear's existing Innovation Center and serves as a central
campus for the company in Akron.† The Innovation Center is currently home
to almost 1,000 associates.

Goodyear built its first office building, a two-story structure, on East
Market Street in 1900.† Additional factory and office buildings, including
the landmark Old Guard clock tower, were constructed in 1915.† The Akron
Innovation Center was built as a factory known as "Plant Two" in 1916 and
renovated in 1978 to become the company's global technical center.